Insider sale notice: Ricky Hessling (NYSE: MPC) reports March 2026 dispositions
Rhea-AI Filing Summary
Ricky Hessling submitted a Form 144 reporting proposed sales of common stock and recent prior transactions. The filing lists a restricted stock vesting of 626 shares on 03/01/2025 and an open market purchase of 1,000 shares on 03/11/2025 (cash).
The filing also records securities sold during the prior three months: 1,810 shares on 03/11/2026 for $406,849.64 and 1,037 shares on 03/12/2026 for $237,554.00. The broker listed is Fidelity Brokerage Services LLC.
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Insights
Form 144 shows a sequence of compensation vesting, an open-market purchase, and recent dispositions.
The filing documents a restricted stock vesting of 626 shares on 03/01/2025 and an open market purchase of 1,000 shares on 03/11/2025. It then lists dispositions of 1,810 shares for $406,849.64 and 1,037 shares for $237,554.00 in March 2026.
The sequence is typical of an insider managing vested compensation and market transactions; cash‑flow treatment beyond the listed sale proceeds is not disclosed in the excerpt. Subsequent public filings would show whether these sales were part of a planned program or one‑off dispositions.
Form 144 is a regulatory notice of proposed sale; it does not itself execute trades.
Form 144 lists the broker as Fidelity Brokerage Services LLC and records prior transactions on specific dates. The filing identifies the nature of earlier entries as Restricted Stock Vesting and an Open Market Purchase, which are common provenance items required on the form.
Timing and approval conditions for any proposed sale are not detailed in the excerpt. Any sale effectiveness depends on applicable securities law conditions and broker handling as reflected in later trade confirmations or filings.